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A Taxonomy of Equity Crowdfunding Startups in Brazil

Israel José dos Santos Felipe, Abdinardo Moreira Barreto de Oliveira, Gustavo Barbosa de Carvalho
e240093
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Abstract:

Objective: this study addresses a gap in the literature by providing a taxonomy of startup profiles in the equity crowdfunding (ECF) market, analyzing their financial performance from an accounting perspective. Methods: using cluster analysis, t-SNE dimensionality reduction, cross-tabulations, and regression trees, we classified 37 equity offers from six platforms (2017–2020). The proposed taxonomy distinguishes two groups: operational performance,...

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Creative Commons BY 4.0 This work is licensed under Creative Commons Attribution 4.0.
 
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